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david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly oine in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#1-800-345-25 rat
david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#:...
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Dec 9, 2012
12/12
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FOXNEWSW
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interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is that they persuade their viewers to lean on those people who oppose them, so that they can actually avoid the cliff. that's amazing. >> you know, the media did not include the people who are not included, there was tom hartman, allen colmes and a lot of people who the white house left out of that meeting and in terms of who they put up and put out. media put out the story without doing their homework. >> there was a column by george will, bewitched by obama, even jonathan swift who said that promises and pie crusts are made to be broken and marvelled at the limited shelf life of a barack obama's promise of balanced debt reduction plan. is there any media pressure on the white house? >
interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is that they persuade their viewers to lean on those people who oppose them, so...
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Dec 12, 2012
12/12
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>> nobody would pay a dime for your love letters, steve. >>> coming up next, the company that's cooked up restaurant hot spots shake shack andgramerty tavern. up next, the ceo sits down at the "fast money" table. danny myer reveals what's on tap for the restaurant business and what he's worried most about 2013. any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just ving your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. ♪ >>> welcome back to "fast money." a new report from the national restaurant association says industry sales will grow for the fourth straight year. but recent data also shows operator optimism at three-year lows. only about one-third of operators expect sales to improve over the next six months. our next guest, though, has big plans for 2013, expects the same for the overall restaurant ind
>> nobody would pay a dime for your love letters, steve. >>> coming up next, the company that's cooked up restaurant hot spots shake shack andgramerty tavern. up next, the ceo sits down at the "fast money" table. danny myer reveals what's on tap for the restaurant business and what he's worried most about 2013. any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just ving your own...
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125
Dec 11, 2012
12/12
by
FBC
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eye 125
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steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testostero
steve, your number one moneymaker now? >> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you...
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Dec 13, 2012
12/12
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CNBC
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though i do agree with steve's statement. that statement yesterday introduced a whole new level of ambiguity. and while i don't understand is, where did the -- where did their commitment to 2015 go? you may -- they make decisions -- >> the tendency projection between 6 and 8% in 2015 so they just swap one number for the other. >> i understand. but the thing is, if the feds, if dr. bernanke's policy is one that encourages more transparency from the fed and they are going to use this means of communication, then have you to be consistent. the minute we aren't consistent on that -- >> back to the original question, what does it maeb ean terms of prediction for 2013? >> don't ignore her. >> i am not used to being ignored. >> really, tie it all in. >> basically when you are facing a world -- let me back up one second. i could colorado hauld have giv advice three and half years ago. and if you had just done that and chaenged, you would be a winner. think i everyone gets too caught up in drn- >> what was the advice. >> be long secur
though i do agree with steve's statement. that statement yesterday introduced a whole new level of ambiguity. and while i don't understand is, where did the -- where did their commitment to 2015 go? you may -- they make decisions -- >> the tendency projection between 6 and 8% in 2015 so they just swap one number for the other. >> i understand. but the thing is, if the feds, if dr. bernanke's policy is one that encourages more transparency from the fed and they are going to use this...
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46
Dec 6, 2012
12/12
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CNBC
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i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case you want to buy apple. >> there are a million different reasons flying around the street, whether it's a technical sell-off we're seeing, the margin requirement story that we talked yesterday about, any validity to any of that, or is it simply this is a stock that has dominated the action over the course of a year, and people are just taking profits where profits are to be taken. >> i think again a lot of the participation in the stock is short term thinking which is problematic and we'll expand upon that at a later point. again, we talk about the fundamentals of this company and i just don't get it. i know dennis yo
i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case...
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Dec 7, 2012
12/12
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CNBC
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>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned d
>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down...
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257
Dec 12, 2012
12/12
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did not work. >> let me disagree with steve. the problem is not simple police we don't want to cut -- we don't want to raise taxes. if you look at this thing from a balance sheet perspective, raising taxes and cutting spending will do the same thing. they take money out of the economy. i think that that's true. i think we're going to go through two quarters of the recession. it will be a mild recession, 1.5% consecutive quarters down, and then we'll have, according to the cbo by the end of the year, a little less than 2% growth. we have to deal with this deficit. this is never going to be easy. i think it's worth having a mild recession, popping out of it after two quarters. i think it's worth making some of these cuts and worth everybody having to pay the same taxes when bill clinton was done. otherwise we're going to keep kicking this can down the road, and we're never going to get to the deficit. that is a big problem >> you know, governor -- >> alan greenspan agrees with him, by the way. do you think a mild recession, as he
did not work. >> let me disagree with steve. the problem is not simple police we don't want to cut -- we don't want to raise taxes. if you look at this thing from a balance sheet perspective, raising taxes and cutting spending will do the same thing. they take money out of the economy. i think that that's true. i think we're going to go through two quarters of the recession. it will be a mild recession, 1.5% consecutive quarters down, and then we'll have, according to the cbo by the end...
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Dec 6, 2012
12/12
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thank you so much, steve liesman. we have breaking news on the fiscal cliff negotiations. john harwood with the details. over to you, john. >> maria, just wanted to bring you up to date on a development, which is the resumption of some staff level discussions between the congress, the speaker's office in particular, and the white house. we've been through a period where both sides, the principa s principals, the speaker and president have been striking tough lines in public, having made some initial moves towards cooperation, but word followed up no more meetings scheduled between the principals. wasn't that much going on staff to staff. that's changed today from yesterday. to you have some discussions resumed. i don't want to overplay the significance, but it is an encouraging sign for people who think that the ice had been beginning to crack around some of the positions, especially with the republicans on taxes. we may be looking for some forward movement. got to watch over the next day or so. >> this is good news, john. >> it is good news. it is an indication that we ma
thank you so much, steve liesman. we have breaking news on the fiscal cliff negotiations. john harwood with the details. over to you, john. >> maria, just wanted to bring you up to date on a development, which is the resumption of some staff level discussions between the congress, the speaker's office in particular, and the white house. we've been through a period where both sides, the principa s principals, the speaker and president have been striking tough lines in public, having made...
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Dec 12, 2012
12/12
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this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from richmond fed gave incentive this time around. there is a bit of confusion as i head this statement. t
this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will...
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Dec 13, 2012
12/12
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so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if you don't get that message, it's his fault. and it's not clear to me that -- he may have failed in this regard. i thought stephanie came closest to what i think the fed chairman's trying to do, which was yesterday convey a policy that we are easier than we thought -- than you thought we would be. and that 6.5% unemployment is supposed to convey that we're not calendar day certain. we are data certain. and unless that data gets down to being closer to what we want it to be, then we're going to stay on hold. and by the way, t
so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if...
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Dec 13, 2012
12/12
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, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a recommendation, a target of 24. i would actually buy it under 19, i wouldn't exit the trade if i was an investor. we're talking about investments here, 24 is not going to happen overnight. >> okay, mark, going to leave it there. thank you for coming by. >>> coming up next, a closer look at why insiders are kicking their stocks to the curb and whether you should be following their lead. >>> and later, will the fiscal cliff be the grinch that stole chris has? we're doing some on the ground research to find out how shoppers are dealing with washington grid lock. stay tuned. [ male
, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a...
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471
Dec 10, 2012
12/12
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CSPAN2
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she wrote stallions for steve mcqueen. so i'm writing this book. i was than his personal involvement. it is a great door in a great woman. gradually i find clues that may be somebody else was killed in her place. somebody saying i was the woman. i went to her she has to go to high school. there was no date, but a remark. maybe find out how she was alive. i've been asking ever about it. send sitting there saying she has to be alive. i've been written a book by woman by us go there and she's alive. the phone rings and a voice says hi. i understand you've been looking for me. that's a cool thing. as a woman, very modest, did some amazing stuff. i'd say i have the one that i enjoy the most was about print story which became the movie autofocus. i try to keep my word people. people know that when it comes to everything. but with a suitcase. they literally had to buy tickets so heavy of his fellow nobody near. forgot the trial after 17 years, new evidence. this really worked out extremely well. again a fabulous movie. entries will be of course i.d. act i
she wrote stallions for steve mcqueen. so i'm writing this book. i was than his personal involvement. it is a great door in a great woman. gradually i find clues that may be somebody else was killed in her place. somebody saying i was the woman. i went to her she has to go to high school. there was no date, but a remark. maybe find out how she was alive. i've been asking ever about it. send sitting there saying she has to be alive. i've been written a book by woman by us go there and she's...
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Dec 11, 2012
12/12
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CNNW
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the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what they are really talking about is giving you the right to work for less money. >> alison kosik. >> what's the latest on the protests? >> protestsers starting to gather behind me. signs in hand, even the
the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of...
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Dec 12, 2012
12/12
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FBC
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are you listening, steve ballmer? nicole, pre-market, where is the stock? >> stuart, you're making me laugh already and the show has barely begun. you're waiting for your special dividend? clamoring? okay, fine. you may have heard a shriek and a cheer out of the green room earlier this morning when i was getting my makeup done when i saw the headline that microsoft is ramping up production of the surface tablet in order to get it out to third party retailers. here is a look at the stock, it's going to have an up arrow, stuart. >> yeah, i mean, look, out of call of this, they said nothing about a special dividend. let's get that clear. and looks like it's going to be up in the early going, i live in hope, nicole, more proof that the california is the formerly golden state. and tens of thousands leaving and is mike reagan ready to join them in the mass exodus. make it with them. just look at this. there's still room in my house for you in new jersey, okay? >> see you on the 7th. >> stocks will be higher when trading begins at 12:15 eastern time. right around
are you listening, steve ballmer? nicole, pre-market, where is the stock? >> stuart, you're making me laugh already and the show has barely begun. you're waiting for your special dividend? clamoring? okay, fine. you may have heard a shriek and a cheer out of the green room earlier this morning when i was getting my makeup done when i saw the headline that microsoft is ramping up production of the surface tablet in order to get it out to third party retailers. here is a look at the stock,...
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Dec 5, 2012
12/12
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CNBC
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steve, no dolphins -- i thought dolphins -- how many games did you lose? >> well, we've lost seven games. >> you won a few good games. >> at the end of the day, you're in the business to win. you don't like being under 5-7 isn't exactly -- >> have you talked to woody? >> woody is one guy who will make me feel better. >> new york is a lousy place if you're not winning. >> to stink. >> any place is a lousy place if you're not winning. >> exactly, in january i'd rather be losing in miami than in new york. >> that's because you don't own the team. >> thank you very much. >> thank you. pleasure being here. >>> when we come back. we have a lot still to come. steny hoyer on the fiscal cliff talks. then at 8:15 eastern, we have the adp numbers. mark zandi is here to talk through the market reaction. >>> 8:40 eastern, jeffrey solomon will be stopping by. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one
steve, no dolphins -- i thought dolphins -- how many games did you lose? >> well, we've lost seven games. >> you won a few good games. >> at the end of the day, you're in the business to win. you don't like being under 5-7 isn't exactly -- >> have you talked to woody? >> woody is one guy who will make me feel better. >> new york is a lousy place if you're not winning. >> to stink. >> any place is a lousy place if you're not winning. >>...
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Dec 13, 2012
12/12
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cnbc's steve liesman joins us now with more. you could have been, steve, oh, you're going to do it actually. on any of the previous discussions that we've had. you could have been here and i would have valued your input. but what we finally decided was, either -- >> ten years. >> took ten years to do that. >> yeah, yeah, yeah. what we finally decided was that, whether andrew's right with this reinhart rogue off, the financial crisis was so deep, or whether i'm right that a lot of government policies with regulation, and uncertainty, whether one of us is right about the economy, just not -- >> somewhere in the middle. >> both right in the middle. but we still need training wheels and bernanke is all too willing to have those training wheels on indefinitely. >> well, first of all from bernanke's point of view he has this zero interest rate policy. he cannot set policy below zero. he has this problem. what is the appropriate policy for the economy and the way it is given -- >> given his duel mandates. we've got to change the dual m
cnbc's steve liesman joins us now with more. you could have been, steve, oh, you're going to do it actually. on any of the previous discussions that we've had. you could have been here and i would have valued your input. but what we finally decided was, either -- >> ten years. >> took ten years to do that. >> yeah, yeah, yeah. what we finally decided was that, whether andrew's right with this reinhart rogue off, the financial crisis was so deep, or whether i'm right that a lot...
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Dec 6, 2012
12/12
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welcome its president and ceo, steve joyce. there aren't many hotels being built in america at this moment. that's one reason why people think they'll be able to raise prices next year. what you're doing is very unusual, why? >> we have got a new brand, choice is for the first time breaking into the upscale space, there are a number of deals we were working. we agreed to co-invest with them, we got the deals done and we're here breaking in the first 24 hours, breaking ground in arguably the city with the most hotels. >> you have had to step in and help finance and own the hotels for once in order to get movement there. why was it the priority on that? >> well, one because of financial condition and the financial circumstances for raising money for hotels has been tough for several years. two, we're trying to launch this brand. three we're working with partners and most of our position is a sliver equity or a sliver debt position. they're going to take us out of it and we'll recycle that into great hotels. it's a great opportuni
welcome its president and ceo, steve joyce. there aren't many hotels being built in america at this moment. that's one reason why people think they'll be able to raise prices next year. what you're doing is very unusual, why? >> we have got a new brand, choice is for the first time breaking into the upscale space, there are a number of deals we were working. we agreed to co-invest with them, we got the deals done and we're here breaking in the first 24 hours, breaking ground in arguably...
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Dec 7, 2012
12/12
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MSNBCW
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secretary of state meeting with the russian counterpart, david and steve, this is both to you. david, let me start with you. it looks like the russians are looking for a way out of supporting assad. are we there yet? >> not quite there but they're getting pretty close. the russians sniffed the decay of power faster than almost any nation on earth. the chinese are also good at that. i've come to the conclusion that at this point assad's days are numbered. now whether you measured those numbers in months or weeks, they don't know. but the russians have a lot at stake here. they're only outside of russia naval base is in seyria. they want to make sure if there's a transition, they're involved to preserve that. >> and, steve, if the russians back out, does that mean the first action then that -- will we see emergency action at the u.n. perhaps this weekend? when is all this coming to a head? >> i think the russians keep moving in the direction they are, i do think they're there, sending all the signals that they are done with assad and so the market signals are there. i think you'l
secretary of state meeting with the russian counterpart, david and steve, this is both to you. david, let me start with you. it looks like the russians are looking for a way out of supporting assad. are we there yet? >> not quite there but they're getting pretty close. the russians sniffed the decay of power faster than almost any nation on earth. the chinese are also good at that. i've come to the conclusion that at this point assad's days are numbered. now whether you measured those...
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Dec 5, 2012
12/12
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craig, when does steve balmer have to go? >> i'm going to stay away from that question, brian, but, you know, microsoft does have the added challenge of it doesn't want to compete too aggressively with the hardware vendors that it's competing against in own customers in the tablet market to some degree. so it can't get real cheap, or it's going to make guys like lenovo very upset. >> craig, thank you very much for joining us. thank you for playing along in the beginning. thanks for keeping it clean. >> you got it. >> next up, we're going to give you the story behind the video of the day. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. test. test. test. test. or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happen
craig, when does steve balmer have to go? >> i'm going to stay away from that question, brian, but, you know, microsoft does have the added challenge of it doesn't want to compete too aggressively with the hardware vendors that it's competing against in own customers in the tablet market to some degree. so it can't get real cheap, or it's going to make guys like lenovo very upset. >> craig, thank you very much for joining us. thank you for playing along in the beginning. thanks for...
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not clear if the opposition will vote no or abstain from the process entirely. >> steve harrigan in a volatile situation in egypt for us. thank you. >>> weather update from maria molina. will we be seeing falling companies? >> we kickoff the workweek monday and tuesday with record high temperatures. take a look at some of these temperatures. it is december and a lcross portions of the mid atlanticdeg degrees was the record high temperature. changes are moving on in to portions of the great lakes and midwest and even into the northeast. high temperatures today low 40s in chicago. 38 degrees will be the high temperature in minneapolis. in cleveland 32 degrees for the temperature this afternoon. cooler air moving on in. the reason for that is the cold front for shower across new york city. you will need the umbrellas here and there through out the day as we see the showers pushing through behind this system. drier air but much colder. you will feel it tomorrow as we head out the door. out west a lot of stormy weather. good news is we are seeing this winding down across portions of the mi
not clear if the opposition will vote no or abstain from the process entirely. >> steve harrigan in a volatile situation in egypt for us. thank you. >>> weather update from maria molina. will we be seeing falling companies? >> we kickoff the workweek monday and tuesday with record high temperatures. take a look at some of these temperatures. it is december and a lcross portions of the mid atlanticdeg degrees was the record high temperature. changes are moving on in to...
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going to give you a first look at the man that police say was responsible. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on faceboo
going to give you a first look at the man that police say was responsible. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's...
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>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that demonstrates not only has she been able to become more accessible, but more importantly she's been fierce all on her own as a leader. >> jonathan, let me play with james carville said about a possible hillary clinton candidacy. take a listen. >> every democrat i know says, god, i hope she runs, we don't need a primary. the democrats want her to run. i don't mean a lot of democrats, i mean a whole lot of democrats, like 90% across the country. >> okay, john. so when you look at the roster of likely gop candidates from bobby jindal, rick santorum possibly, chris christie, marco rubio, would any of them be able to
>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that...
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steve cortez with veracruz, and jim sanderson with detwiler fenton. would you buy that here? >> i think mcdonald's is the better investment of the two. it's had a good run. good day today. i do think investors should be interested. i want to point out a few things. it's very a bad year. there's been a lot of negativity about mcdonald's on the year. but if we pull back and take a longer term view and you look back a decade, you see mcdonald's has been an incredible performer. both outright and in the market. it's done well in go go market and crisis markets. the second point i would make that i think is significant for long-term investors, if you believe in the dogs of the dow approach, those dow components that have done the worst on that year and bet on them to outperform, a reshuffling of the stocks. historically that's been a good strategy i think is for long-term investor prudent. based on that comparison because mcdonald's has so underperformed the dow this year, i believe that in 2013, we will see that rotation of money out of the winning dow stocks into the losing ones
steve cortez with veracruz, and jim sanderson with detwiler fenton. would you buy that here? >> i think mcdonald's is the better investment of the two. it's had a good run. good day today. i do think investors should be interested. i want to point out a few things. it's very a bad year. there's been a lot of negativity about mcdonald's on the year. but if we pull back and take a longer term view and you look back a decade, you see mcdonald's has been an incredible performer. both outright...
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steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't get no satisfaction today chuck lavelle, small business optimism plunging, election, storm sandy adding to fiscal cliff worries. joining us special guest chuck labelle, the keyboardist for rolling stones if you don't know. co-founder of mother nature network which just merged with discovery and author of a book, growing a better america. since woodall rodgers a business network, i have to ask you, you're a businessman. does this fiscal cliff stuff worry you and the prospect of higher taxes worry you? what do you think? >> i think it worries all of us, d
steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't...
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>>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th. >>> it's monday, fun day here at "the cycle." let's get the party started. where will it land today? fiscal cliff? huh. so much for fun. well you know what? we at "the cycle" can make it fun. look at this. the president living it up in motown last hour calling on republicans to stop being party poopers. >> i believe america only succeeds and thrives when we've got a strong and growing middle class. i want us to bring down our deficits but i want to do it in a balanced, responsible way. and i want to reward -- i want a tax code that rewards businesses and m
>>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th....
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steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. i have obligations. cute toblig
steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is...
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. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he always said he was going to be a two-term senator. had he a term less. he left early. he wasn't going to be a career politician. i think this makes a lot of sense for senator demint in a lot of ways and i think it's good for the conservative movement. >> he has supported candidates against more moderate republicans in primaries and then his candidate lost in the general election, including obviously richard mourdock in indiana, christine o'donnell, ken buck in colorado. what do you think is going to be the influence now for jim demint going into the heritage foundation? >> i think he's been a singular failure when you look at the can
. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he...
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steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or get it done to get to the next step. >> but on the specifics of it, steve, why should we be optimistic? who's going to move from their position, and why would they? >> the reasons to be optimistic, you have two prose prose propos table that are robust. the president's made important concessions on revenues. the democrats have made concessions on addressing entitlements, not insufficient for the other one, and what we're fighting over now is this issue of tax rates. and the republicans do have to give on tax rates. it's going to be
steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or...
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double dare you. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. ♪ ♪ >> bob: the most wonderful time of the year in more ways than one. last night was one of the great days that happens in america every year. the annual victoria secret fashion show. roll the tape. ♪ ♪ ♪ ♪ ♪ ♪ >> bob: okay. now among other things they had, they showed a $2.5 million bra. the diamond studded one. you ever want to wear one of those? >> kimberly: i got one of those. came with a
double dare you. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ ♪ [ male...
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>> steve: yeah. the good news is she was recently cleared of all allegations that she steered bailout money to a bank that her husband had stock in. so terrific. >> gretchen: here is a hypocrisy alert. michael moore, he's the maker of a lot of different films. he got over $840,000 in taxpayer funded incentives to make his movie. but guess who it was about. it was about opposing taxpayer funded incentive for businesses. so some people might find that hypocritical. >> steve: he made a documentary called "capitalism". i get the idea of tax credits for companies that create jobs. how many jobs do you think this michael moore movie created. >> brian: you see his movies really, since the bush one, have really tanked since, have not gotten the traction and he's pretty much disappeared, which i think is a good thing. >> steve: you think so? anyway, speaking of disappeared, whole bunch of michigan's money, $841,145 in taxpayer funded incentives disappeared into the making of that fine motion picture. >> gretc
>> steve: yeah. the good news is she was recently cleared of all allegations that she steered bailout money to a bank that her husband had stock in. so terrific. >> gretchen: here is a hypocrisy alert. michael moore, he's the maker of a lot of different films. he got over $840,000 in taxpayer funded incentives to make his movie. but guess who it was about. it was about opposing taxpayer funded incentive for businesses. so some people might find that hypocritical. >> steve: he...
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joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you have conservatives like john roberts, who maybe sort of a fiscal conservative and vote in support of something like citizens united, but socially does not seem to be as conservative as, say, scalia. that they would be looking at the ark of history and say they are ready to make this law of the land. your intripgs now three days after they announced? are you feeling bullish or bearish? i asked you this on friday. i ask again. >> i'll bullish. i think the court wants to get in front of history and behind it. it is so clear where the country is moving. there is a poll this morning that s
joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you...
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. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul ryan of wisconsin appearing together last night at the jack kemp foundation awards dinner in washington, trying to rebrand themselves and their party after a bruising setback in november. cnn political editor paul steinhauser live from washington this morning. paul ryan got hammered during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to ri
. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul...
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. >> steve schwartzman steve bechtel. these are guys worth billions that don't want to pay a penny more in taxes and they have the money to help retaliate against republicans who break the pledge. historically, they have funded primary challenges, ads to push the republicans to the far right on this issue. >> jennifer: okay so americans for tax reform has a pac and that's what they give to. those two billionaires. >> trade association technically but it operates as a pac because they buy ads and do a lot of the electioneering stuff that a pac would do. >> jennifer: while he's raising money from his allies, from these two donors and others, i'm sure. 66% tells you. he's also essentially lobbying for tax breaks for entities like general electric. >> that's right. you know, everyone talks about the first part of the norquist pledge, not to raise the tax rates but the second half of it is basically a promise not to cut tax credits which as you know, many of them amount to nothing more than corporate subsidies so g.e. pays nor
. >> steve schwartzman steve bechtel. these are guys worth billions that don't want to pay a penny more in taxes and they have the money to help retaliate against republicans who break the pledge. historically, they have funded primary challenges, ads to push the republicans to the far right on this issue. >> jennifer: okay so americans for tax reform has a pac and that's what they give to. those two billionaires. >> trade association technically but it operates as a pac...
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. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about that. and take a look at these guys, they got high, went for a drive. so what's the plan to keep roads safe now that marijuana is legal in a couple of states? don't ask the government. they haven't figured it o yet. so for now, is your road safety at risk begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. yep. the longer you stay with us, the more you save. and when you switch fro
. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about...
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>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be millions of children this year will wake up without toys. we want everybody to get toys. >> brian: more fox friends friends in two minutes. >> more "fox & friends" in two minutes. >> brian: he knows um... uh... . . umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon.
>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be...
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. >> dana: so in 2009, the film-maker dan hayes who is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot of people can volunteer to do it. i am so excited. i have been waiting for the movie for two years. bob, you have seen the veterans in washington as well. >> bob: first, disappointed about taking so long to get the world war ii monument up. it was a big debate going on. i don't know why. it's such a beautiful thing first of all to see it. to see the guys coming. let's remember now, i don't think anybody is a world war ii veteran is less than 80 years old. if you think about it, if you were 16, 17 in 1941. so we are losing these people at a rapid rate. thought they could finally come and see the honor that they d
. >> dana: so in 2009, the film-maker dan hayes who is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot...
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check with steve doocy to see what's coming up. >> thank you very much. exactly. 13 minutes before fox and friends kicks off. who says there's no such thing as a free lunch. whoever said that has to dine with uncle sam. millions of dollars of tax payer money feeding children for free. before they need it or not. donald trump will be here along with oliver north and free big athletes. snowboarder tony hawk gold olympic medalist gabby douglas the tallest guy in the studio in the last year. shaquille o'neal. join us 12 minutes from now fox and friends. >> good morning to you. it is 10 minutes before the hour. listen to this one. police had to use mace to break up an unruly crowd applying for subsidized apartments in columbus, ohio. 2,000 people showed up then they started fighting in order to get applications. that complex had to turn everyone away. several people were treated for minor injuries but no one was arrested. >> it is all pray and no play. it turns out the controversial combround zai ground zero mosque was supposed to be a cultural center is an em
check with steve doocy to see what's coming up. >> thank you very much. exactly. 13 minutes before fox and friends kicks off. who says there's no such thing as a free lunch. whoever said that has to dine with uncle sam. millions of dollars of tax payer money feeding children for free. before they need it or not. donald trump will be here along with oliver north and free big athletes. snowboarder tony hawk gold olympic medalist gabby douglas the tallest guy in the studio in the last year....
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because all i see here is you and me, steve. one of us is a lot more confident than the other one. one of us is about to get punched in the face. >> jimmy: that is john krasinski and matt damon in "promised land." what a great job you did. >> you're one of the first people to see it. i wasn't even supposed to say that. >> jimmy: i just wonder, though, why matt damon? >> i agree with you. i did it just to get to ben. now i have his number. "argo 2"! it's not going to be as good as the first one. >> jimmy: you wrote the movie with matt damon. >> i did, yes. >> jimmy: how did that process go? >> it was really fun. we worked really well together. but we usually would write so late that then we'd either have drinks or dinner and that was always the most fun part. there was this one night actually that emily was over and they had friends over and we were going to have this party at the house after writing, which was pretty great, a and so we walked across the street in new york to the wine store that's across the street and he goes in there all the time to get wine for different events a
because all i see here is you and me, steve. one of us is a lot more confident than the other one. one of us is about to get punched in the face. >> jimmy: that is john krasinski and matt damon in "promised land." what a great job you did. >> you're one of the first people to see it. i wasn't even supposed to say that. >> jimmy: i just wonder, though, why matt damon? >> i agree with you. i did it just to get to ben. now i have his number. "argo 2"!...
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Dec 11, 2012
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. >> p first let's check in with steve doocy to see what's coming up on "fox & friends." >> coming up at the top of the hour some studies say booze is good for you. we will tell you what kind and how much. pause for a cause. pets that need your help this holiday season, this christmas season. we will find them homes with your help. laura ingram iesha tyler from the talk. we are going to talk about the news of the day. one of the stars of the new movie parental guidance which hopes at christmastime and looks hilarious will join us. fox and friends kicks off 12 minutes from now right here on the fox news channel. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it, it was outla
. >> p first let's check in with steve doocy to see what's coming up on "fox & friends." >> coming up at the top of the hour some studies say booze is good for you. we will tell you what kind and how much. pause for a cause. pets that need your help this holiday season, this christmas season. we will find them homes with your help. laura ingram iesha tyler from the talk. we are going to talk about the news of the day. one of the stars of the new movie parental guidance...
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steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's start with you. so how does this work? if the police department is quote unquote, laid off, what keeps camden safe going forward? >> actually, the layoffs will not occur until such time as the new force stands up and has sufficient staffing to be able to take over the police functions. >> steve: when is that supposed to be? >> we're looking at the spring. the new police department by the end of spring. >> steve: okay. chief. eric and i both live in new jersey. we know camden has a real crime problem. we can put autopsy graphic that
steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's...
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. >> reporter: los angeles contractor steve andolin routinely has five or six houses under construction before the crash. the recession cut that in half. what are you seeing as far as this market? >> well, definitely an improvement in sale price. prices are going up. >> reporter: he's now hiring more builders, plumbers, electricians, jobs that in l.a. pay $25 to $40 an hour. >> people were scared before and now people have a little bit more confidence and are willing to act. >> reporter: perhaps even feeling pressure to buy. elana giplable has been house hunting for more than a year. she's noticed something new, competition. >> you feel like there's definitely a high demand and if you want something you have to jump on it, otherwise you might lose it. >> reporter: in southern california, the median home price jumped more than 16% in the last year. sales up more than 25%. the biggest increase in six years. l.a. realtor ben lee says the rebound is real. >> the increase in buyer confidence is putting people back in the market. >> reporter: so literally seeing people bidding prices up? >> a
. >> reporter: los angeles contractor steve andolin routinely has five or six houses under construction before the crash. the recession cut that in half. what are you seeing as far as this market? >> well, definitely an improvement in sale price. prices are going up. >> reporter: he's now hiring more builders, plumbers, electricians, jobs that in l.a. pay $25 to $40 an hour. >> people were scared before and now people have a little bit more confidence and are willing to...